LifeSave Protection Plan (Lifetime Medical)

What is LifeSave Protection Plan (Lifetime Medical)?

If you want to supplement your medical plan or carry through some medical cover without further underwriting and insurability issues in retirement, LifeSave Protection Plan (Lifetime Medical) can help approach retirement with peace of mind.

Features

• A Medical Account is created as your lifetime medical reserve.
• Protection against major illnesses and terminal illnesses throughout the policy term, which provides you cash benefits from a Medical Account to alleviate the financial burden caused by the illness.
• From your selected retirement age, your medical protection will become more comprehensive to provide Surgical Cash Benefit, Daily Hospital Cash Benefit and Special Treatment Cash Benefit.
• During the retirement period, Major Illness Benefit, Surgical Cash Benefit, Daily Hospital Cash Benefit and Special Treatment Cash Benefit will be increased yearly up to 200%.
• Pays a guaranteed retirement bonus equivalent to 10% of the sum insured on retirement.
• Builds guaranteed saving, and pays annual dividend, throughout the policy term.
• Choice of payment term - single payment*, 5, 10 years or until the selected retirement age. Your payment is guaranteed and fixed throughout the policy term.
• Your protection won't be affected if you become disabled or unemployed
• No medical examination is required if the sum insured applied is no more than HK$1,500,000 /US$187,500.^

What else should I know?

• Plan summary
• Plan your retirement
• Plan your life insurance needs
• Frequently Asked Questions
• Retirement Insurance Products at a glance